Document Type : Research/Original/Regular Article
Authors
1
PhD student in Islamic Economics, Faculty of Humanities, Islamic Azad University, Miyane Branch, Miyane, Iran.
2
Assistant Professor, Department of Economic Sciences, Faculty of Humanities, Marand Islamic Azad University, Marand, Iran
3
Assistant Professor, Department of Public Administration,Faculty of Humanities, Islamic Azad University Miyaneh Branch, Miyaneh, Iran
4
Assistant Professor, Department of Public Administration, Faculty of Humanities, Islamic Azad University, Miyaneh Branch, Miyaneh. Iran
10.30507/jmsp.2023.411269.2623
Abstract
The present study explains the quartile effects of the share of the rich and the poor from the combination of public and private expenses of the health sector in line with the general policies of the health system in the growth of the production sector and in the form of the final quartile model for the period of 1989-2021. The results of the model estimation show that the indicators of private and public government expenditures on health and literacy rate have a positive temporal correlation with the growth of the production sector in the first (Q25) and second (Q50) quarters. Then, as the delay components move away and move towards the third (Q75) and fourth (Q95) quartiles, the correlation between the study indicators increases with the growth of the production sector. In other words, increasing health costs and increasing literacy have led to increased production growth. Also, according to the results, one unit increase in the ratio of the cost of the richest twenty percent to the poorest twenty percent of the population in the third quarter (Q75) and fourth quarter (Q95) has reduced the growth of GDP per capita by 0.26 and 0.30 units. According to the results, the effect of public health expenditures on the growth of the production sector is greater than that of private health expenditures. Therefore, economic policymakers should make their public health investments accurately and in such a way that profits reach every citizen without any incentives.
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